• Agreement signed during official visit by the Prime Minister of Viet Nam, H.E. Pham Minh Chinh, to the Kingdom of Saudi Arabia 

DHAHRAN, Saudi Arabia: Aramco, one of the world’s leading integrated energy and chemicals companies, has signed a Collaboration Framework Agreement with Vietnam Oil and Gas Group (Petrovietnam).  The agreement was formalised during an official visit by the Prime Minister of Viet Nam, H.E. Pham Minh Chinh, to the Kingdom of Saudi Arabia.

It paves the way for potential cooperation spanning the storage, supply and trading of energy and petrochemical products. The agreement was signed during the FII 8th Edition in Riyadh with a view to identifying potential opportunities to optimize operations and unlock additional value.

Mohammed Y. Al Qahtani, Aramco Downstream President, said: “This agreement lays the foundation for potential collaboration across the hydrocarbon value chain. We look forward to exploring multiple opportunities with Petrovietnam that complement Aramco’s global downstream ambitions, contribute to Petrovietnam’s own strategy, and reinforce Asia’s importance in global energy and petrochemicals markets.”

Le Ngoc Son, Petrovietnam CEO, said: “The signing of the Collaboration Framework Agreement between Petrovietnam and Aramco is a strategic step, which is evidence of the strong cooperative relationship between Petrovietnam and Aramco in particular, and between the Socialist Republic of Viet Nam and the Kingdom of Saudi Arabia in general.”

Aramco Contact Information
Media Relations: media.inquiries@aramco.com
@aramco 

About Aramco

As one of the world’s leading integrated energy and chemicals companies, our global team is dedicated to creating impact in all that we do, from providing crucial oil supplies to developing new energy technologies. We focus on making our resources more dependable, more sustainable and more useful, helping to promote growth and productivity around the world. https://www.aramco.com

About Petrovietnam

With over 60 years of establishment and growth, Vietnam Oil and Gas Group (Petrovietnam) has emerged as the leading state-owned economic corporation, playing a vital role in Viet Nam’s economy. Through its management and execution of oil and gas operations domestically and international investments, Petrovietnam has developed a fully integrated and synchronized oil and gas industry, ranging from exploration to production, refining, petrochemicals, gas, power, fertilizer to petroleum technical services.